MoRTH sets confident target of 13,800 km national highways in FY23-24
ROADS & HIGHWAYS

MoRTH sets confident target of 13,800 km national highways in FY23-24

On January 5, Anurag Jain, the Secretary of the Ministry of Road Transport and Highways (MoRTH), expressed confidence in achieving the construction of 13,800 km of national highways during the fiscal year 2023-24. Jain, during a press conference for the year-end review, stated that the progress in highway construction has surpassed that of the previous year, and the ministry is optimistic about reaching the target.

As of November 30, 2023, the ministry has already constructed 5,248 km of national highways, surpassing the corresponding period of the previous year, which recorded 4,766 km. Jain highlighted the ministry's focus on awarding more highway construction projects under the build-operate-transfer (BOT) and hybrid annuity model (HAM) over the toll-operate-transfer (TOT) model due to the observed better quality of construction in projects awarded under HAM and BOT.

He emphasised that the National Highways Authority of India (NHAI) and MoRTH are working to expedite the process of awarding projects in the fiscal year 2023-24. The goal is to award 10,000 km of national highway projects during this period, with an emphasis on companies preparing detailed project reports (DPR) for identified projects to accelerate the awarding process.

Jain also disclosed that MoRTH has submitted a proposal to the Ministry of Home Affairs, suggesting an online reporting mechanism for truck drivers to report accidents and avoid penalties under the new stringent laws on hit-and-run cases. The proposal is currently under consideration by the home ministry.

Despite the ambitious targets, MoRTH and NHAI have faced challenges in meeting national highway construction goals in the past, including in six of the last ten years. However, Jain highlighted the significant increase in the pace of national highway expansion under the current government compared to previous administrations.

As of November 30, 2023, the total Gross Budget Support (GBS) outlay for the Ministry in the current fiscal year stood at Rs 2.58 trillion. The ministry has already spent 66% (Rs 1.69 trillion) of the total amount, indicating a steady expenditure trend throughout the fiscal year, with incremental increases reported in October and September.

On January 5, Anurag Jain, the Secretary of the Ministry of Road Transport and Highways (MoRTH), expressed confidence in achieving the construction of 13,800 km of national highways during the fiscal year 2023-24. Jain, during a press conference for the year-end review, stated that the progress in highway construction has surpassed that of the previous year, and the ministry is optimistic about reaching the target. As of November 30, 2023, the ministry has already constructed 5,248 km of national highways, surpassing the corresponding period of the previous year, which recorded 4,766 km. Jain highlighted the ministry's focus on awarding more highway construction projects under the build-operate-transfer (BOT) and hybrid annuity model (HAM) over the toll-operate-transfer (TOT) model due to the observed better quality of construction in projects awarded under HAM and BOT. He emphasised that the National Highways Authority of India (NHAI) and MoRTH are working to expedite the process of awarding projects in the fiscal year 2023-24. The goal is to award 10,000 km of national highway projects during this period, with an emphasis on companies preparing detailed project reports (DPR) for identified projects to accelerate the awarding process. Jain also disclosed that MoRTH has submitted a proposal to the Ministry of Home Affairs, suggesting an online reporting mechanism for truck drivers to report accidents and avoid penalties under the new stringent laws on hit-and-run cases. The proposal is currently under consideration by the home ministry. Despite the ambitious targets, MoRTH and NHAI have faced challenges in meeting national highway construction goals in the past, including in six of the last ten years. However, Jain highlighted the significant increase in the pace of national highway expansion under the current government compared to previous administrations. As of November 30, 2023, the total Gross Budget Support (GBS) outlay for the Ministry in the current fiscal year stood at Rs 2.58 trillion. The ministry has already spent 66% (Rs 1.69 trillion) of the total amount, indicating a steady expenditure trend throughout the fiscal year, with incremental increases reported in October and September.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?